Investors pulled $1.2 billion from US-based stock funds in the week ended Jan. 27, Lipper data showed Thursday, as optimistic bets on energy firms and on Europe and Japan were overwhelmed by a…
World Economy
- World-Economy
France’s recovery slowed in the fourth quarter as terrorist attacks kept tourists away and discouraged consumers from spending.
Gross domestic product grew 0.2% in the final three months of…
World-EconomyInflation appears to be picking up across the 19-country eurozone despite super-low oil prices, Reuters reported. Official figures released Friday by Eurostat show consumer prices were 0.4% higher…
World-EconomyUS Treasuries are rallying in January for a third year in a row. The government securities have returned 1.8% this month, based on the Bloomberg US Treasury Bond Index. They rose 3% in January…
World-EconomyForced to write off nearly €7 billion, Deutsche Bank is faltering. It can’t even rely on its core investment business any more. But how the German lender plans to get itself back on track isn’t…
World-EconomyThe Brazilian government announced on Thursday measures to boost production and recover the country’s growth, including a credit injection of 83 billion reals ($20.4 billion) into the economy.
World-EconomySpanish lenders Caixabank and Popular on Friday missed 2015 profit forecasts, hit by one-off charges, but their underlying businesses improved slightly in the last quarter, sending their shares…
World-EconomyThe Federal Reserve is expected to leave interest rates unchanged on Wednesday and acknowledge that turmoil in financial markets threatens its upbeat view of the US economy, leaving the chances of…
World-EconomyApple Inc. fell in early trading after forecasting a sales decline for the first time in more than a decade, adding to evidence that the market for smartphones is becoming saturated and that…
World-EconomyLatin American currencies strengthened on Wednesday on bets that global market volatility could lead the US Federal Reserve to strike a cautious tone when it announces its decision on interest…
World-EconomyRoyal Bank of Scotland Group Plc said it sees a £3.6 billion ($5.2 billion) impact on its tangible net asset value from charges in the fourth quarter, including a $2.2 billion provision related to…
World-EconomyConsumer confidence in Brazil increased in January compared to the previous month, but not to a level that indicates economic recovery, according to the country’s main index, Nasdaq reported.
World-EconomyA Russian plan to cut 10% from this year’s budget is at best misleading. But large areas of the budget are excluded from the cuts and Russia has a poor record of meeting its own targets, Reuters…
World-EconomyIn his end-of-2015 missive, Holger Schmieding of the Hamburg investment bank Berenberg warned his firm’s clients that what they should be worrying about now is political risk.
World-EconomyThe national mood has changed completely since David Cameron won his second term on a wave of optimism, and has hit the lowest ebb since April 2013 when the country narrowly avoided a double-dip…
World-EconomyEast and South Asia are projected to remain the world’s most dynamic and fastest-growing region in 2016/17, despite the recent economic …
World-EconomyIron ore prices are likely to post the biggest loss among metals this year as low-cost supply continues to outstrip consumption, according to the World Bank, which cut its forecasts through 2020…
World-EconomyActivity in China’s vast factory sector likely contracted for the sixth consecutive month in January, a Reuters polled showed, underlining a weak start for the year and heightening concerns of a…
World-EconomyThe manager of Danone Nutricia in Ukraine cannot for legal reasons say whether the Ukrainian tax authorities demanded bribes to drop an audit into his business. But he has one word to describe…
World-EconomyBond yields in Italy hit three-week lows on Wednesday, after an accord between the country and the European Commission to help Italian banks sell some of their €200 billion of bad loans eased…
World-EconomyLast September, at a law firm overlooking San Francisco Bay, Andrew Penney, a managing director at Rothschild & Co., gave a talk on how the world’s wealthy elite can avoid paying taxes. His…
World-EconomyThe good news is that more countries improved their scores in the latest corruption perception index. The bad news is that two-thirds of the 168 countries measured scored less than 50 on a 100-…
World-EconomyIn an environment where economic growth is modest, India today stands as a bright spot among the global economies.
World-EconomyThe ailing South Korean economy grew 2.6% in 2015, the lowest in three years, largely due to slumping exports and manufacturing, the central bank said Tuesday.
The nation’s fourth-quarter…
World-EconomyDistressed debt investors are now targeting the high-yield market of western Europe’s largest oil producer to sift through collapsed bond prices, according to Lars Kirkeby, chief credit analyst at…
World-Economy